LEXINGTON PUBLIC LIBRARY FOUNDATION

Transcription

1 LEXINGTON PUBLIC LIBRARY FOUNDATION General Information Contact Information Nonprofit LEXINGTON PUBLIC LIBRARY FOUNDATION Address 140 E Main St Lexington, KY Phone (859) Fax adonworth@lexpublib.org Contact Name Anne Donworth Web and Social Media Website Facebook Twitter Website Facebook Twitter At A Glance IRS Ruling Year 0 1

2 Other ways to donate, support, or volunteer Lexington Public Library Foundation funds innovation within our public library system. The Library s vision is for a community engaged in a lifetime of discovery, and private donations help Lexingtonians learn and play in dynamic new ways. Donations do not fund day-to-day library operations, meaning that 100% of your gift is used to create change by adding new services, programs, facilities, or technology. Because the Library serves all people, businesses and organizations, your charitable donation to the Library Foundation is quite literally a gift to our entire community. We accept cash, check, or credit card donations via mail, phone, or We also host fundraising events on a regular basis, including our annual Bluegrass & Bourbon and Booktacular Halloween Party events. Please contact Anne Donworth at adonworth@lexpublib.org with any questions or for information about planned giving, gifts of stock or other assets, or to donate a good or service to the Library Foundation. 2

3 Statements & Search Criteria Statements Mission Statement Lexington Public Library Foundation funds innovation within our public library system. The Library s vision is for a community engaged in a lifetime of discovery, and private donations help Lexingtonians learn and play in dynamic new ways. Donations do not fund day-to-day library operations, meaning that 100% of your gift is used to create change by adding new services, programs, facilities, or technology. Because the Library serves all people, businesses and organizations, your charitable donation to the Library Foundation is quite literally a gift to our entire community. Background Statement The Lexington Public Library has been serving the educational and entertainment needs of Fayette County since Though it has changed a lot over the years, the library is a public resource for everyone to enjoy, regardless of what interests them. In May 1997, the Lexington Public Library Foundation was established to seek outside funds that would enhance the quality and range of Library services beyond the level that can be provided by county funding. The Foundation helps the Library keep up with a rapidly-changing society and expand beyond traditional library services. Impact Statement "The Library gives people access to things that make their world a little bigger and a little brighter. Jenny Lewis, Northside Branch Manager Support from the Library Foundation empowers change within our public library system. Recent examples include: Phoenix Forward: Indoor/Outdoor programming and installations at Central Library and adjacent Phoenix Park to reinvigorate the downtown spaces through the Knight Cities Challenge. Highlights include the new Discovery and Play Lab at Central Library, two mobile book carts to bring materials into the Park, and a Charlie Cart, or portable teaching kitchen, to teach culinary literacy at Central Library, Phoenix Park, and throughout the city. Partners include Lexington Downtown Development Authority, Lexington Parks & Recreation, Downtown Lexington Corporation, Blue Grass Community Foundation, Knight Foundation, and many others. Tiny Library Project: Commissioned 50 book exchange units to be placed throughout the community in order to improve access to reading materials. Partners include Nomi Design, The Hope Center, Parks & Recreation, and many others. Homework Help: Provides an afterschool snack and assists students with school assignments and reading at two library locations four days each week throughout the school year. Partners include Fayette County Public Schools, Glean Kentucky, God s Pantry Food Bank, and KentuckyOne Health. 3

4 Needs Statement 1. We are currently conducting a capital campaign to expand the library system to meet the needs of our growing community. 2. In October 2017, Lexington Public Library announced the Tiny Library Project, an initiative to place 50 librarysponsored book exchange units throughout the city. These Tiny Libraries will provide convenient access to books and reading materials in high-traffic areas not readily served by one of our six library locations. The units were designed specifically for our community by the local team at Nomi Design and will be maintained through partnership with the Friends of the Library. Donors may sponsor a unit for $250, and anyone may apply to host one of the units at their home or business. More information is available at 3. Want to make a difference in a child's life? Volunteer for the Homework Help program! Monday-Thursday evenings from 4-7pm at the Northside and Village Branches. You don't need a background in education, just the desire to help a child learn and grow. 4. Do you have a special skill that others may enjoy? Contact us if you would be willing to lead a program to share your talents with others! We partner with a variety of individuals, professionals, and outside organizations to offer many of our adult and youth programs. At Lexington Public Library, we strive to serve our entire community. Our extensive collection of adult, children's, print and digital materials appeal to a broad range of readers, and we also offer a great collection "downloadable" e-books, e-magazines, movies, and music. Check it out at From our popular storytimes for children, to career-building skills for job-seekers, to mobile outreach services to those unable to come to the library, there truly is something for everyone at the Lexington Public Library. We invite you to join us today!-ann Hammond, Executive Director of Lexington Public Library "Libraries have been and will continue to be important learning and education facilities for communities. A library's mission offers incredible intellectual growth to any size community. They are an important lifestyle feature to any town. To that end our Foundation will work to create funding for the growth and expansion of that mission in our town - Lexington." Service Categories Primary Organization Category Education / Libraries Secondary Organization Category Arts,Culture & Humanities / Tertiary Organization Category Public & Societal Benefit / Geographic Areas Served Areas Fayette County Lexington Public Library serves everyone who lives or works in Fayette County. 4

5 Impact Impact Goals We strive to be a community resource for education, entertainment, and civic engagement for everyone who lives or works in Fayette County. 5

6 Programs Programs Library Collection Description Lexington Public Library maintains a quality collection of print materials, periodicals, and audiovisual materials. In addition to these traditional items, we also offer subscription online databases (such as Ancestry.com or Tutor.com), ebooks, emagazines, eaudiobooks, streaming movies/music, and more. Population Served,, Community Engagement Description There are always exciting things happening at the library! Here is a sample of what you can find: Weekly storytime programs for babies, toddlers, and preschoolers, special events and holiday celebrations for kids, and a new monthly program at Fayette Mall beginning in November 2017! Discover Summer Program (formerly Summer Reading Program), specially designed to prevent Summer Reading Loss or "Summer Slide" Camp Digital: learn new technologies through programs like Minecraft Mania, Podcast Maker, Video Game Maker, etc. Free tax assistance with AARP Homework Help program in partnership with KentuckyOne Health, plus an after school snack in partnership with God's Pantry Job Training Skills - resume assistance, computer classes, etc. Classes on a variety of interests for adults and youth Population Served,, Branch Locations Description These are the physical locations where customers get their books, go to a class, participate in storytime programs, or learn how to program their ereader. We offer six convenient locations where you can get the information you need! Population Served,, Outreach Services Description The Outreach Department brings Library services to those who cannot physically get to the Library. Special programs include the Storytime-To- Go Bus, Book Buddies, BookVan, Mobile Computer Lab, and more. Population Served,, 6

7 Virtual Services Description Our world is increasingly digital, and the Library has adapted to meet your needs virtually! In addition to ebooks, you can now chat or text with our reference librarians, learn how to speak a foreign language, get live homework help, or more through our Virtual Services Department. Population Served,, Don't have time for a book club? Download our new podcast, "Checked Out," where Alexa and Jenny lead insightful discussions of popular titles, so you can enjoy reading on the go! Program Comments CEO Comments Donors to the Lexington Public Library Foundation may designate gifts to benefit any program, service, or library location. Unrestricted donations will be used in accordance with the Library's overall needs as directed by the Library Foundation Board of Directors. 7

8 Leadership & Staff CEO/Executive Director Executive Director Term Start Sept Ms. Anne Gay Donworth Experience Anne Donworth serves as Development Officer for Lexington Public Library Foundation, where she is part of the Library's senior leadership team in addition to orchestrating a comprehensive fundraising program on its behalf. She is committed to helping make her library system, and thus her community, a better place for everyone to learn, play, and grow. She is a graduate of the University of Virginia and Leadership Lexington, an active member of the Rotary Club of Lexington and Good Shepherd Episcopal Church, and currently serves on the boards of the Downtown Lexington Corporation and Good Shepherd Day School. She and her husband, Richie, founded Scarteen Stud, an equine breeding and boarding operation, in 2014 while raising their two young daughters. Staff Full Time Staff 1 Part Time Staff 1 Volunteers 50 Contractors 0 Retention Rate 100% Management Reports to Board? Staff Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 1 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Staff Demographics - Gender Male 0 Female 1 Unspecified 0 Former CEOs Name Term Kristen Bennett Oct June

9 Mr. William "Bill" Watts May Aug 2012 Formal Evaluations CEO Formal Evaluation CEO/Executive Formal Evaluation Frequency Senior Management Formal Evaluation Senior Management Formal Evaluation Frequency NonManagement Formal Evaluation Non Management Formal Evaluation Frequency Annually N/A N/A Annually State Information 9

10 Plans & Collaborations Plans & Policies Organization has a Fundraising Plan? Organization has a Strategic Plan? Under Development Years Strategic Plan Considers 5 Date Strategic Plan Adopted Feb 2017 Management Succession Plan? Under Development Organization Policy and Procedures Nondiscrimination Policy Whistleblower Policy Document Destruction Policy Collaborations The Lexington Public Library Foundation works with the Friends of the Lexington Public Library and the Lexington Public Library to facilitate private funding for Library use. The Library partners with a wide variety of community organizations for one-time and ongoing partnerships. In 2017, the Library and Library Foundation initiated a significant partnership with Lexington Parks & Recreation, Downtown Development Authority, Downtown Lexington Corporation, Blue Grass Community Foundation, the Knight Foundation, and many others for the Phoenix Forward project to transform Central Library and Phoenix Park into a family-friendly destination in Downtown Lexington. Also in 2017, we worked with Blue Grass Community Foundation, Imagine Lexington/Lexington Division of Planning, Fayette County Public Schools, Leadership Lexington and others to coordinate a series of community conversations on March 15, 2017 through On The Table Lex. Over 11,000 people participated in conversations to inform the city's long-range plan, called the Comprehensive Plan. Awards Awards Award/Recognition Organization Year Top Innovator for Community and Civic Engagement: On The Table Perfect Partner Award: Phoenix Forward Urban Libraries Council 2017 Downtown Lexington Partnership 2017 Government Licenses Is your organization licensed by the Government? No 10

11 Board & Governance Board Chair Board Chair Mr. Jim Elliott Company Affiliation Kentucky Bank Term July 201 to June Board Members Name Affiliation Status Ms. Ramsey Bova Moneywatch Advisors Mr. Buzz Carmichael CBA Pharmaceuticals Voting Ms. Jeanne Clark Community Volunteer Voting Mrs. Missy Clifton Architectural Kitchens & Baths Voting Dr. Tiffany Daniels Chiropractic Care of Lexington Ms. Cathryn Gibson LM Communications Voting Mrs. Ann Hammond Executive Director-LPL Lexington Public Library Exofficio Ms. Lori Meister President, Friends of LPL Voting Dr. Carolyn Purcell Mr. Chris Reames Ms. Erin Serrate Mr. Larry Smith Physician (retired) Hilliard-Lyons Community Trust Bank and Investments Vice Chair, Lex Public Library Board Voting Ms. Katie Tibbitts UK Healthcare Voting Ms. Yajaira Aich West Secretary PNC Financial Services Voting Mr. Brendan Yates McBrayer, McGinnis, Leslie & Kirkland Voting Board Demographics - Ethnicity African American/Black 1 Asian American/Pacific Islander 0 Caucasian 16 Hispanic/Latino 1 Native American/American Indian 0 Other 0 n/a Board Demographics - Gender Male 8 Female 10 Unspecified 0 11

12 Governance Board Term Lengths 3 Board Term Limits 3 Board Meeting Attendance % 67% Written Board Selection Criteria? Written Conflict of Interest Policy? Under Development Percentage Making Monetary Contributions 100% Percentage Making In-Kind Contributions 100% Constituency Includes Client Representation Number of Full Board Meetings Annually 5 Risk Management Provisions Accident and Injury Coverage Automobile Insurance Automobile Insurance and Umbrella or Excess Insurance Directors and Officers Policy Fine Arts and Collectibles Flood General Property Coverage and Professional Liability Life Insurance Medical Health Insurance Property in Transit and Off Premises Public Benefit Guaranty Corporation Risk Management Provisions See Management and Governance Comments Special Event Liability Umbrella or Excess Insurance Workers Compensation and Employers' Liability Workplace Violence Standing Committees Executive Nominating Finance Comments CEO Comments The Library Foundation has worked to build a strong leadership team over the past few years. We have implemented policies and regularly communicate with the Lexington Public Library Board of Trustees to 12

13 understand the Library's needs. Our current team has a vast array of talents and expertise and is demonstrating strong leadership and commitment to LPL. 13

14 Financials Fiscal Year Fiscal Year Start July 01, 2017 Fiscal Year End June 30, 2018 Projected Revenue $394, Projected Expenses $100, Endowment Value $105, Spending Policy Percentage Percentage 0% Detailed Financials Revenue and Expenses Fiscal Year Total Revenue $115,605 $74,340 $55,318 Total Expenses $109,210 $45,788 $36,511 Revenue Sources Fiscal Year Foundation and Corporation Contributions Government Contributions $0 $0 $0 Federal State Local Unspecified Individual Contributions $103,289 $60,179 $48,294 Indirect Public Support Earned Revenue $3,349 Investment Income, Net of Losses $166 $84 -- Membership Dues Special Events $12,150 $14,077 $3,675 Revenue In-Kind Other

15 Expense Allocation Fiscal Year Program Expense $61,237 $36,255 $31,321 Administration Expense $8,055 $317 $105 Fundraising Expense $39,918 $9,216 $5,085 Payments to Affiliates Total Revenue/Total Expenses Program Expense/Total Expenses 56% 79% 86% Fundraising Expense/Contributed Revenue 35% 12% 10% Assets and Liabilities Fiscal Year Total Assets $226,971 $212,015 $181,611 Current Assets $226,918 $211,962 $37,402 Long-Term Liabilities $10 Current Liabilities $7,192 $10 $10 Total Net Assets $219,779 $212,005 $181,601 Short Term Solvency Fiscal Year Current Ratio: Current Assets/Current Liabilities Long Term Solvency Fiscal Year Long-Term Liabilities/Total Assets 0% 0% 0% Top Funding Sources Fiscal Year Top Funding Source & Dollar Amount Second Highest Funding Source & Dollar Amount Third Highest Funding Source & Dollar Amount Capital Campaign Currently in a Capital Campaign? Campaign Purpose To fund the purchase and renovation of a new library location Goal $3,400, Dates Feb 2015 to Feb 2020 Amount Raised To Date as of Oct 2017 Capital Campaign Anticipated in Next 5 Years? State Registration State Registration Comments CEO Comments As a supporting organization for Lexington Public Library, the Lexington Public Library Foundation transfers all 15

16 designated funds to the Library. Our "program expenses" reflect funds disbursed to the Library. 16

17 Documents Form 990s LPL Foundation 990 FY16 LPL Foundation 990 FY Form FY12 Form Form 990 Audit Documents LPL/Foundation audit LPL/Foundation audit LPL/Foundation audit Audit FY14 Audit FY13 Audit Audit Audit Created Copyright 2018 Blue Grass Community Foundation 17